Barry Ritholtz of the always excellent The Big Picture, writes an excellent year end post on the state of Truth, Justice, and the American Way that happens to include a great line that could sum up the general philosophy of what we try to do here:

If you continually search for that nugget of reality, if you are willing to roll up your sleeves and sift through the vast mounds of horse shit that Wall Street and Washington regularly serve up, there is indeed, a pony somewhere in there.That is your job in 2011: Go find the pony . . .

Happy New Year. We will try and find some ponies in 2011. Read the rest of the article here.

The author of this blog is NOT an investment, trading, legal, or tax advisor, and none of the information available through this blog is intended to provide tax, legal, investment or trading advice. Nothing provided through these posts constitutes a solicitation of the purchase or sale of securities/futures. The data and information provided on this website is believed to be accurate but not to be relied upon by the user for any purpose. Any and all liability for the content or any omissions from this web site including any inaccuracies, errors, or misstatements in such data or information is expressly disclaimed.